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Its look like you missed the opportunityEURINR hit the high of 86.20 in Friday trading session, and kissed dull target of 86.00 as I mentioned in last forex tips newsletter, click here to read newsletter.
what for today?
EURINR CHART ↓
Again on its resistance of 86.02, but this currency pair is looking weak to break resistance and we must see bloodbath to 85.00 – 84.00 and 83.28. Remember once cross and stays above it with high volume can make it bounce to 87.00 – 88.00 and 89.00 as well.
Had Seen 1.04 Rupee of bloodbath in U.S. Dollar vs. Indian Rupee (USDINR) in today’s trading session, open at 62.67 and made low of 61.56 and finally closed at 61.63. We must be able to see bounce bank to 62.00 – 62.50 in next trading sessions only if hold the support of 61.59 otherwise it moves continue to 61.33 – 61.14 – 60.94 in nearby trading sessions.
Coming back to take support at 83.70, we must see bull in nearby trading days to 84.50 – 85.00 and 86.00. What if too weak to hold support?Continue reading
Delhi, Madhya Pradesh, Rajasthan and Chhattisgarh state election result effects on Japanese Yen / Indian Rupee. Friday trading session we’ve seen close at 60.61 and opens 59.44 on Monday, Sudden gap 1.17 Rupee on JPYINR. It must jump with support 59.11 to 60.00 – 60.66 and 61.27 in next trading sessions as per intraday chart. Unable to hold, support and bloodbath continue to 58.35 – 57.75 and more.
More views on EURINR, USDINR and GBPINR subscribers can check .
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The dollar rise on last Friday against the Euro on Friday euro bought 1.3590, down from Thursday’s level of 1.3606. We expect here drift down to 1.3570 – 1.3556 – 1.3500 and more. Keep your eye on 1. 3590 once brake of it and pair will move for next high.
Click here to read my newsletter and try to remember what I said about USDJPY in my last newsletter. I said “ Resistance 101.59 cross of these level and we see some more bullish trend to 101.96 – 102.48 – 103.00. “ It kissed my 2nd target
What you think? Will it kiss my 3rd and last targets? Well, member knows everything but I will also update for you later.
GBPJPY
Current rise should end with resistance 168.08. Can move with the targets 167.03 – 166.42 and more is must
but have to keep eyes on 168.50 level rise above it is bullish again.
EURCAD, CADJPY & AUDUSD and more Currency update for our members.
Indian Currency
Future
Buyers can take positions from the opening bell only if open above 102.95 with targets 103.76 – 104.46 – 104.97.
Keep eyes on resistance 102.85. Unable to break the resistance, and we must see the bloodbath. To which level will update for our subscribers only.
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As I said in last update, all targets are kissed… To read full update, click here.. And just try to remember what I said? I updated about 3 Forex Currency pairs EURUSD, GBPUSD, AUDUSD In GBPUSD I said “Sell with no fear with the targets 1.6100 – 1.6075“ And about AUDUSD “Break of support (0.9411) and we must see bloodbath to 0.9393 and more.“ On AUDUSD our subscribers booked full profit on 0.9292. AndEURUSD subscribers knows everything about it, there’s no need for clarifications.
Trading Strategy for Monday market?
It seems bullish trend should end with resistance 1.3575 then,
we are able to see some free fall to 1.3520 – 1.3506 – 1.3485 – +.
But brake of resistance, and we must see shortly 1.3581 to 1.3613 levels.
Resistance 101.59 cross of these level, and we see some more bullish trend to 101.96 – 102.48 – 103.00. But,
what happens if move backwards after the resistance and levels are for our members only by mail with exact time & level.
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” EURJPY & AUDUSD we’ll update later for subscribers only on yahoo messenger “
(future) Last close @ 62.95, looking forward here in Rupee against the Dollar after the RBI’s obstruction on Friday’s trading session helps the INR to close on strong.Cross the hurdle, and we see 63.19 – 63.45 for short term and 63.55 – 64.50 and more but keep your eyes on hurdle…
what will happen if unable to break the hurdle?
Well, I’m not going to tell you everything here. more updates about USDINR for subscribers only.
GBPINR and JPYINR Only Forex service member know thought use of your username & password
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